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Of course they don't because they are made in China. Do you think that Ford cars manufactured in Mexico count as U.S export?
by thefounder 2y ago
Of course they don't because they are made in China. Do you think that Ford cars manufactured in Mexico count as U.S export?
- sam_lowry_ 2y agoNot only China but let us assume iPhones are made in China only. China gets a modest share of the profits, because Apple pockets the rest. Reinvesting a fraction in US and stashing most of the profits in banks across the world that use this money as leverage to buy US bonds, among other things.
- tzs 2y agoThey are assembled in China. Most of the parts are made elsewhere and shipped to China. Should the entire price of the phone count as a Chinese export?